Africa Oil Corp. T.AOI

Alternate Symbol(s): AOIFF

Energy Oil & Gas E&P

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria, an interest in the Venus light oil and associated gas discovery, offshore Namibia, and an exploration/appraisal portfolio in west and south of Africa. The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A. (Prime); Impact Oil and Gas Limited (Impact); Africa Energy Corp. (Africa Energy), and Eco (Atlantic) Oil & Gas Limited (Eco). The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Block 3B/4B covers an area of approximately 17,581 square kilometers (km2) within the Orange Basin offshore of the Republic of South Africa. The Company has approximately 17% interest in Block 3B/4B.

TSX:AOI - Post by User

Africa Oil Corp. > I Looked At Lundin Group Of Companies

<< Previous

Bullboard Posts

Next >>

Comment by hikarion May 19, 2024 11:53am

110 Views

Post# 36048006

RE:RE:I Looked At Lundin Group Of Companies

Shahin Amini

No, absolutely. I think that's a very fair comment. Very good. So I'm just looking at the remaining list of questions. There's one question on what is the company's relationship to the Lundin Group.

I will take this one. The Lundin family did exit the position, and we were very fortunate that we had a blue chip international fund that took that position and are now a second largest shareholder in Africa Oil.

Roger Tucker

Which is Fidelity.

<< Previous

Bullboard Posts

Next >>

Eminent Gold: Driving world class gold discoveries in Nevada